Main job function

CORE PURPOSE OF THE JOB  

Responsible for assisting with monitoring and analyzing the exchange rate movements and identifying any factors that might affect the exchange rates in order to ensure optimal market pricing to the clients and avoid any risk to the Bank whilst adhering the industry regulatory requirements as well as the Banks policies and procedures.

MAIN FUNCTIONS OF THE JOB 

Forex Dealings 

• Interprets market expectations on the various currency movements that could have an influence on the

• Ensures that competitive and accurate pricing of forex products is offered to

• Ensures that adequate profit margins are taken for the

• Ensures that no open positions exist at the back end of the trading end and that all deals are captured on the Bank’s SharePoint system.

• Attends to the daily control of exchange rate movements as well as all those factors that might affect exchange

• Attends to the pricing of outwards and inward payments as per the client

• Deals directly in Forex with the local banks within the Bank’s authorized limits, by obtaining the best possible pricing to maximize returns to the Bank.

• Interprets market expectations on the various currency movements that could have an influence on

• Offers competitive and accurate pricing of forex products on

• Ensures excellent levels of service rendered to

QUALIFICATIONS 

• A BCom / Business Economics degree will be required in order to meet the requirements of the

PREFERRED EXPERIENCE

•  A minimum of 3-5 years’ experience in the Forex Trading

KNOWLEDGE 

• Adequate knowledge of Foreign Exchange

• Good Quantitative and Analytic skills

• Understanding of Economic Fundamentals

• Microsoft Office

• Online payment platforms – BI Online 

 

A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.